JD Supra: Mergers

OCTOBER 17, 2023

On October 3, 2023, the European Commission ("Commission") unveiled a list of 10 technology areas qualified as "critical" to the European Union's ("EU") economic security, out of which four (Semiconductors, AI, Quantum Technologies, and Biotechnologies) are considered as highly likely to present the most sensitive and immediate risks related to Europe's technology security and technology leakage.

Economics 302

Economics Securities 302

TechCrunch: M&A

OCTOBER 17, 2023

Patreon is acquiring Los Angeles-based livestream ticketed event platform Moment, the company announced on Tuesday. The financial terms of the deal were not disclosed. Patreon says the acquisition will give creators on its platform a new way to share their content through ticketed digital experiences. Launched in 2019, Moment was founded by Arjun Mehta, Nigel […] © 2023 TechCrunch.

Acquisitions 193

Acquisitions Shares IT Mergers and Acquisitions 193

JD Supra: Mergers

OCTOBER 17, 2023

In an unprecedented move, the Federal Trade Commission (the “FTC”) sued U.S. Anesthesia Providers, Inc. (“USAP”) and its private equity sponsor, Welsh, Carson, Anderson & Stowe (“Welsh Carson”) alleging an anticompetitive scheme to consolidate anesthesiology practices in Texas through a series of systematic roll-ups; price setting arrangements; and a market allocation agreement to dominate the anesthesia market in Texas.

Private Equity 271

Private Equity Equities Acquisitions Trading 271

OfficeHours

OCTOBER 17, 2023

If you’re in your 20s, you have probably thought about saving, investing, or retirement in some way. Even though it may seem far off, it’s never too early to start seriously thinking about how much you are saving and how you can make your money work for you in an effective way that requires little time or effort on your end. At the same, it’s not too late if you are closer to 30 or older!

Private Equity 130

Private Equity Debt M&A Investment 130

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Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

Management

JD Supra: Mergers

OCTOBER 17, 2023

The Department of Justice announced for the first time a new safe harbor policy that will apply to mergers and acquisitions in cases where an acquiring company with an effective compliance program uncovers misconduct during the M&A process and discloses it in a timely manner.

M&A 193

M&A Mergers and Acquisitions Mergers Acquisitions 193

JD Supra: Mergers

OCTOBER 17, 2023

On October 4, Deputy Attorney General Lisa O. Monaco addressed the Society of Corporate Compliance and Ethics and announced a new Department-wide Mergers & Acquisition (M&A) Safe Harbor policy. According to the new policy, the US Department of Justice (DOJ) will presumptively decline to prosecute acquiring companies that promptly and voluntarily disclose any criminal misconduct within six months from the transaction closing date and fully remediate the misconduct within one year.

Mergers 175

Mergers Acquisitions Mergers and Acquisitions M&A 175

Global Banking & Finance

OCTOBER 17, 2023

FTSE 100 climbs on pharma boost, UK CPI in focus By Khushi Singh and Bansari Mayur Kamdar (Reuters) -Britain’s FTSE 100 rose on Tuesday after latest figures showing a weakening labour market lifted investor sentiment ahead of highly awaited inflation data later this week. The blue-chip FTSE 100 gained 0.

Investors 126

Investors 126

JD Supra: Mergers

OCTOBER 17, 2023

On October 12, 2023, the European Commission (EC) ordered Illumina to unwind its already completed acquisition of the cancer-test provider GRAIL Inc. This is the first time that the EC has ordered a reversal of an acquisition. This decision opens a new chapter in the ongoing Illumina/GRAIL saga, which has been unfolding for well over two years.

Acquisitions 165

Acquisitions IT 165

CNBC: Investing

OCTOBER 17, 2023

Pros on CNBC discussed Nvidia. Shares slumped Tuesday following an announcement that the U.S. plans to curb the export of AI chips to China.

Shares 127

Shares Stock 127

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

Finance

JD Supra: Mergers

OCTOBER 17, 2023

We have previously reported on Axon Enterprise, Inc. v. Federal Trade Commission, 598 U.S. _, 143 S. Ct. 890 (2023), a case involving the question whether parties seeking to undertake a transaction subject to FTC review (in the case of Axon Enterprise, a merger with a competitor) and who seek to challenge the constitutionality of the FTC’s fundamental structure/processes are required to go through the regular FTC review process only then to seek review in a federal court of appeals, or.

Mergers 159

Mergers Trading 159

CNBC: Investing

OCTOBER 17, 2023

Meister said in an interview that "the lines are blurring" between the two groups and predicted the future could see a more streamlined approach.

Private Equity 110

Private Equity Investors Equities 110

JD Supra: Mergers

OCTOBER 17, 2023

On Oct. 13, 2023, a New York federal court held that sellers who breached representations made in an asset purchase agreement were liable to the buyer for damages calculated using an implied purchase price multiple from the time of the sale and an adjusted trailing 12-month EBITDA that took the sellers’ breaches into account.

Acquisitions 159

Acquisitions Accountant Sale 159

CNBC: Investing

OCTOBER 17, 2023

Multiyear investments into improving its store experience are finally paying off for a discount retailer whose stock offers 24% upside, Goldman Sachs says.

IT 108

IT Retail Stock Investment 108

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Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

Capital

JD Supra: Mergers

OCTOBER 17, 2023

In this episode, partner Jana Kolarik of Foley’s Health Care Practice Group interviews partner Roger Strode of Foley’s Health Care and Transactional Practice Groups and Michael Ramey, managing principal of PYA's Strategic and Transaction Solutions on how compliance issues impact the health care transaction process.

Management 159

Management 159

CNBC: Investing

OCTOBER 17, 2023

Starboard Value's Jeff Smith on Tuesday presented his newest investment ideas across different industries.

Investment 124

Investment 124

JD Supra: Mergers

OCTOBER 17, 2023

On 4 October 2023, Deputy Attorney General (DAG) Lisa Monaco announced a new US Department of Justice (DOJ) Safe Harbor Policy for voluntary self-disclosure made in connection with mergers and acquisitions (M&A).

Mergers and Acquisitions 159

Mergers and Acquisitions Mergers Acquisitions M&A 159

CNBC: Investing

OCTOBER 17, 2023

This renewable energy firm with 32% upside has demonstrated its ability to thrive in a higher-rate environment, according to Morgan Stanley.

IT 111

IT 111

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While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

Architecture

JD Supra: Mergers

OCTOBER 17, 2023

The Court of Appeal has upheld a High Court decision regarding the interplay between potentially conflicting provisions in a company’s articles of association. The provisions in question related to the conversion of shares and variation of class rights. The case has caused particular interest as the provisions were based on the previous version of the widely used British Private Equity & Venture Capital Association, BVCA, model documents.

Private Equity 159

Private Equity Shares Equities Capital 159

CNBC: Investing

OCTOBER 17, 2023

JPMorgan foresees an attractive setup ahead for this information security stock, which has underperformed due to overblown geopolitical fears.

Securities 104

Securities Stock 104

JD Supra: Mergers

OCTOBER 17, 2023

In our initial article in this series, we introduced the new Civil Code of the Kingdom of Saudi Arabia (referred to as the “KSA Civil Code”). This significant legislative milestone codifies the law governing the forming of a contract and related contractual principles within the Kingdom.

Government 154

Government 154

CNBC: Investing

OCTOBER 17, 2023

Professional investors are turning more bearish again amid the current macro backdrop, according to this closely watched Wall Street survey.

Investors 106

Investors 106

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In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

Business

JD Supra: Mergers

OCTOBER 17, 2023

The Turbulent Deal Landscape Continues in 2023, but the Future Appears Brighter - As predicted in last year’s Looking Ahead Guide, 2023 has proven to be a tough year for dealmakers. Through the first half of 2023, the themes of 2022 (reduced deal volume and more competition for private equity deals) continued to cause the deal landscape to be exceedingly tough.

M&A 148

M&A Private Equity Equities 148

CNBC: Investing

OCTOBER 17, 2023

The JPMorgan Equity Premium Income ETF (JEPI) has held up better than the S&P 500 over the past three months.

S&P 109

S&P Equities Stock 109

JD Supra: Mergers

OCTOBER 17, 2023

Skadden is proud to present our newest podcast, Fierce Competition. Hosted by our global antitrust/competition team, the podcast explores antitrust policy and enforcement around the world, including the latest developments and their implications in an increasingly complex legal and regulatory landscape.

Mergers 142

Mergers 142

PE Hub

OCTOBER 17, 2023

Hastings acquired Celerity Consulting Group in 2021 and added on Clear Path earlier in 2023. The post Hastings Equity expects to make add-on deals for utility consulting group Celerity appeared first on PE Hub.

Utilities 89

Utilities Consulting Equities 89

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Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

Securities

JD Supra: Mergers

OCTOBER 17, 2023

Join us for a lively 30-minute discussion where our head of transactional insurance and the head of our private equity practice discuss top trends in M&A and PE. We'll cover: - The rollercoaster of RWI pricing - The RWI claims spike and its implications - Insurance due diligence and the rising importance of deal models - How an insurance due diligence mistake can significantly impact EBITDA - The growing number of different ways brokers get compensated and what you should be asking your.

Private Equity 127

Private Equity M&A Equities Insurance 127

FineMark

OCTOBER 17, 2023

Beginning in 2024, US tax filers will have new obligations to report personal information to the Financial Crimes Enforcement Network of the Department of the Treasury (“FinCEN”), regarding certain closely held businesses. Failure to report could result in civil and criminal penalties, so it’s important to know if you’re subject to FinCEN’s Beneficial Ownership Information Reporting Rule.

Corporation 85

Corporation Accountant Investment Electronics 85

JD Supra: Mergers

OCTOBER 17, 2023

Decision underscores the practical realities required for a court to enforce a specific performance clause, and the importance of having “clean hands” for parties to be eligible for this specific remedy.

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